Carrying cash for shopping is passé. Some people do not carry cash due to the fear of losing it or getting robbed.Hence, they appreciate the silicone money in the form of mobile wallet where money is in a digital account can be used to make an online purchase.Mobile wallet is also helpful in redeeming coupons or gift vouchers which retailers give out in order to encourage customers to buy more.
However, the system of coupons and gift vouchers cannot benefit retailers and shoppers if coupons are redeemed unfairly via fraudulent activities. In order to prevent this unpleasant situation, there is a need to centralize voucher with the mobile wallet of the customer who has received the voucher as a gift and this should be on a real time location.
Centralizing the voucher with the mobile wallet of a customer has benefits for both retailers as well as customer.
Like vouchers, Retail Coupon Management System also has the purpose to prevent the unscrupulous use of coupons. Leo TechnoSoft has developed system that can automate POS processes and stores operations. This system provides centralized control for multi-store retailers.
The coupon data pool guarantees to track & report coupon campaigns, saving manufacturers’ & retailers’ time, money and effort by eliminating complicated manual processes, inaccurate data, fraud and ongoing difficulties with clearing.
This advanced management system for retail operations developed by Leo TechnoSoft enables:
FinPay makes it easy see the status of payments as it can present the segregated data of payments that are pending or received. It ensures quick collection of payment. FinPay works on the innovative business model called BOMT that is an innovation of Leo Technosoft. FinPay builds database of customers and their details, operates the reminders to be sent, markets the services of client by providing custom made solutions and services to them that are good for their business and lastly transforms the functioning of client businesses by smoothening the payment system.
Keeping the record of various customers and payments pending from them was tedious and time-consuming task for the busy schedule of Financial Payment. Customers are also often too busy to go to payment centre and make payments. FinPay application not only facilitates customers to make payments easily but also helps the service providers (those using FinPin) to compile the list of payments, segregate them on the basis of “pending”, “received” etc.
FinPay also makes it easy for the user to customize reminder mails regarding payments. The frequency of these mails can be decided and set on the basis of days, weeks, months or year. Mail has button for payment, clicking on which customers can sign up (or sign in) and make payment via credit card or e-cheques.
With FinPay, businesses can receive access to services which provide them with the reports and information helpful to them regarding better financial decisions while providing them with services to help them jump start new ventures.
About Financial Payment:
FinPay provides Software as a Service (SaaS) online payment platform that allows small businesses to help them get paid faster, as well as manage their customers and receivables more efficiently.
For further information on Financial Payment please visit: http://financialpayment.com/
About Leo TechnoSoft:
Set up in 2006, Leo TechnoSoft is an incubator for IT start-ups/Entrepreneurs to help cultivate their ideas into successful innovations using its unique trademarked model – BOMT (BUILD-OPERATE-MARKET-TRANSFER). The forte of Leo Technosoft also lies in efficient product development and services in cloud computing environment. Along with from these services, Leo Technosoft offers consultancy services to companies that want to build cloud computing facilities within their organizations.
For further information on Leo TechnoSoft, please visit: http://www.leotechnosoft.net/]]>
Our FREE SaaS Assessment tool is a premeditated to help ISVs switch their traditional application to the revolutionary SaaS based environment there by easing out your skepticism to “SaaSify” your application. This prolific SaaS Assessment tool maps your application readiness to move into a SaaS platform on parameters like : Category Fit/Technical Fit/Application Development Maturity/Governance Maturity/Sourcing Maturity
Based on your answer selections, our expert team will guide you whether your application is suitable in terms of maturity and feasibility for a move to SaaS platform; click here for a SaaS Assessment.
To further know our SaaS consulting and development capabilities please check SaaS Tenant™]]>
The earlier model of BOT had its own set of pitfalls, some of them being:
• There is a profit element in the equity portion of the financing, which is higher than the debt cost. This is the price paid for passing of the risk to the private sector.
• It may take a long time and considerable up front expenses to prepare and close a BOT financing deal as it involves multiple entities and requires a relatively complicated legal and institutional framework. There the BOT may not be suitable for small projects.
• Tie-in effects arises, since the enterprise customer commits to work with a particular service provider (as in any class outsourcing model) and cannot escape for low switching costs until the service provider’s investment is amortized or recaptured.
• The standard of quality is not up to the mark as the sole purpose for the vendors is profit. In this process most start-ups get killed as the success ratio remains limited.
Leo TechnoSoft’s BOMT Model overcomes all these drawbacks and presents an improved version suitable for ISVs. This model is further elucidated below.
Phase I – Build
Appropriate infrastructure, facilities and team form the foundation of any project. We provide our client with a complete solution to establishing their own brand identity at a lower price than comparable traditional offshoring arrangements. All the details like the infrastructure, space to be allocated, hardware and software needs together with a team with the required set of skills are extensively worked on.
Phase II – Operate
Once the core entity has been established, Leo TechnoSoft provides a comprehensive set of operational management services ranging from development, QA and technical support to HR and staffing, accounting, payroll, legal, facilities and security. We run your operations with complete responsibility as per the decided objectives to ensure effective results. We represent the client in all forms of promotional activities and provide customer services to expand the market, acquire new customers, and gain more market share and revenue.
Phase III – Market
The third phase of Market is the crux exclusively offered by Leo TechnoSoft. We help to expand and then transfer organization in a healthy manner. Our USP lies in the fact that we set up model in a cost-to-cost manner. Our profit goes into expansion to be on board to investment in the company. Our involvement to make things happen just adds to the success factor.
Phase IV – Transform
After the new process to take forward your business has been established, the process ownership is subsequently transferred to you and it helps your business to raise next level of funding. Finally, what you get in return is an already operational facility that is backed by a team of experts.
“Transform” part of BOMT model also includes with necessary patents in relation to your business that you need to register. We help you achieve those registrations.
Leo TechnoSoft’s BOMT Model is bestowed with the following advantages:
• Aids to expand technology, innovation & idea.
• A lower cost is involved as we work cost-to-cost.
• Lower risk factor is drawn in as we ourselves share the risk.
• Faster Time to Market.
• Establish a permanent presence in the vital US market and position the company for future growth.
Leo TechnoSoft provides comprehensive IT solutions designed to streamline business processes and improve communication in the workplace. These solutions are enhanced with a range of consulting and integration services, besides software offerings. Their certified technical teams and experienced account managers work with clients to deliver innovative solutions to the most demanding IT challenges.
“Envisio IT is dedicated to bring best-of-breed IT solutions to our client base. We are confident that the inclusion of Envisio IT’s services and solutions into our offerings will deliver a new level of support for our client base and business sector. Whereas, Leo TechnoSoft’s services will build upon Envisio IT’s local market know-how, its existing US marketing and sales presence, and its extensive network of business relationships throughout the region. We look forward to working with Envisio IT to build an even stronger company in the future.” further added Satyen Jain.
About Leo TechnoSoft
Leo TechnoSoft is a technology partner specializing in building, serving, managing and extending technology on Cloud and SaaS environment having presence in India, US and Singapore. It partners with organizations, empowering them to attain cost effective product development in SaaS environment. With a global presence, Leo TechnoSoft is armed to meet client’s needs regardless of their location. This has made the organization a preferred partner-of-choice for small and medium sized companies looking for on-time delivery and high quality product development solutions.
For further information on Leo TechnoSoft, please visit: http://www.leotechnosoft.net/